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Susan Rice, Royal Dutch Shell and Iran

In what might turn out to be the final set of nails in the coffin of her Secretary of State ambitions, it turns out that U.N. Ambassador Susan Rice has huge foreign investments, including several companies that are doing business with Iran.  She has ties to one company, Royal Dutch Shell, that stands to make a billion dollars if the sanctions against Iran are lifted.

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The portfolio of embattled United Nations Ambassador Susan Rice includes investments of hundreds of thousands of dollars in several energy companies known for doing business with Iran, according to financial disclosure forms.

Rice, a possible nominee to replace Secretary of State Hillary Clinton when she steps down, has come under criticism for promulgating erroneous information about the September 11, 2012, attacks in Benghazi, Libya, that killed four Americans.

Rice has the highest net worth of executive branch members, with a fortune estimated between $24 to $44 million, according to the Center for Responsive Politics. A Free Beacon analysis of Rice’s portfolio shows thousands of dollars invested in at least three separate companies cited by lawmakers on Capitol Hill for doing business in Iran’s oil and gas sector.

Financial disclosures reveal that Rice has had $50,001-$100,000 in Royal Dutch Shell, a longtime purchaser of Iranian crude oil.

Royal Dutch Shell currently owes Iran nearly $1 billion in back payments for crude oil that it purchased before Western economic sanctions crippled Tehran’s ability to process oil payments, Reuters reported.

“A debt of that size would equate to roughly four large tanker loads of Iranian crude or about 8 million barrels,” according to the report.

SOURCE (COMPLETE ARTICLE)

RELATED ARTICLE: Report: Shell Increases Oil Trade with Iran

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